Examlex
An ideal gas is heated so that it expands at constant pressure.The gas does work W.What heat is added to the gas?
Output
The aggregate output of merchandise or services generated by a company, sector, or economic system.
Production Function
A mathematical model describing the relationship between the inputs used in production and the resulting output of goods or services.
Returns To Scale
The change in output as a result of a proportional change in all input factors in the production process.
Marginal Product
The additional output resulting from the use of one more unit of a production factor, holding other factors constant.
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